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is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the pre
is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy...
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Dec 6, 2012
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attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring to break federal law. they're committing a crime. >> right. so how is that going to play out? in both these states, you have, you know, basically the law says they're going to have legalized marijuana growth and distribution and regulate it. can any of that even take place, unless there is some resolution from the federal government about how they're going to treat it? >> i think the state's going to move forward and wait to hear. they can't expect any resolution before they move forward. they have one year to do something that no one has ever done, create th
attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring...
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the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the corporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have your
the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately,...
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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled bud
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no...
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Dec 9, 2012
12/12
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in conclusion, the obama and -- above the administration is congress have been great partners that we are grateful. but costs will be high. they would be unfathomable and the terms of lost productivity, disabled economy and a fracture transportation network should we fail to make those repairs and investments. the road ahead will be a challenge but with the help of the federal government and our partners, we know recovery is possible. thank you for all to this hearing, senator. >> we know each other so well. we are neighbors in our professional office space across the street and because of the densely populated character of our area, we have a lot of service to supply. i think you have done it well and we're proud of the people at new jersey transfer for the sacrifice of any made to be on the job regardless of how they got to do it. we're glad to hear from me. >> thank you, mr. chairman. it is an honor to be here. thank you for you and the other senators and it is an honor to have you as our senior senator. new jersey transit began monitoring of planning for san the day visit -- days
in conclusion, the obama and -- above the administration is congress have been great partners that we are grateful. but costs will be high. they would be unfathomable and the terms of lost productivity, disabled economy and a fracture transportation network should we fail to make those repairs and investments. the road ahead will be a challenge but with the help of the federal government and our partners, we know recovery is possible. thank you for all to this hearing, senator. >> we know...
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Dec 7, 2012
12/12
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the obama administration, obama during the campaign has been open about his desire to try to engage iran bilaterally. it is often portrayed as a last ditch effort at diplomacy before you have to resort to other options. with a bilateral negotiation, were that to ever come about, give the u.s. an opportunity to engage on human rights issues? the general policy has been the u.s. wants to keep it limited to large control but is that proper or would there be an opportunity, a window for the u.s. to engage with iran on these issues? >> there has always been a conceptual dispute. there is a group that suggests that the agenda should be kept narrow because otherwise, it gives the iranians the opportunity to divert and talk about afghanistan or by iran or syria. they say the agenda has to remain narrow as a means of focusing issue on our principal concern which is proliferation. the second school of thought suggests if the agenda is broader, perhaps you can have agreements on other issues that would mitigate the agreements on the nuclear issue. that particular concept has never been resolved. wh
the obama administration, obama during the campaign has been open about his desire to try to engage iran bilaterally. it is often portrayed as a last ditch effort at diplomacy before you have to resort to other options. with a bilateral negotiation, were that to ever come about, give the u.s. an opportunity to engage on human rights issues? the general policy has been the u.s. wants to keep it limited to large control but is that proper or would there be an opportunity, a window for the u.s. to...
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Dec 4, 2012
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administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we -- 100% agreement. we absolutely should do that. make everybody pay their fair share. lots of folks use the metaphor, let's make sure everybody has some skin in the game. well, if you really want to have everyone pay their fair share, there is an easy answer and fortunately it would drive this economy to brand new heights, it would drive this country and our economy to a new economic renaissance. it would be incredible and all of our friends around the country who are suffering, who don't have even $3 a gallon to pay for gasoline, it would help them when they can't handle the rent going up and the
administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we --...
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Dec 5, 2012
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administration has borrowed more money than every other president combined. that's from george washington threw the first five month of bush the younger's administration. in fact every day the u.s. government borrows an astonishing $3.3 billion. even on sunday. so where is the money going? i asked charles krauthammer to analyze. >> when you think about this, it's staggering that in the last four years the president of the united states, barack obama has borrowed more money than every other president until the first five months of president combined. they think it's some kind of monday nopefully game. what is the president and congress spending the money on take an example the stimulus almost a trillion dollars. that's one huge amount spent within a couple of years. it left not a trace? is money that went to entitlements and food disamps. extreme and trivial went to giving sandra fluke free contraceptives that she can't afford at $165,000 a year. she can't shell out $15 a month. that's at the ridiculous extreme. at the other extreme is what you have talked abo
administration has borrowed more money than every other president combined. that's from george washington threw the first five month of bush the younger's administration. in fact every day the u.s. government borrows an astonishing $3.3 billion. even on sunday. so where is the money going? i asked charles krauthammer to analyze. >> when you think about this, it's staggering that in the last four years the president of the united states, barack obama has borrowed more money than every...
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Dec 3, 2012
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administration never explaining that they were advising the romney campaign. there has to be transparency and if you're getting paid cash by a candidate or advising a campaign, you have to disclose that. >> jon huntsman criticized big players in the gop saying that just concerned were getting on fox. he said, i looked down the debate stage and half of them were probably on fox contracts at one point in their career. you do that, you write some books, go out and sell some more, you get a radio gig or tv gig out of it or something, you say to yourself, the barriers of entry to this game are pretty damn low. >> you not only write some books but in some cases they buy the books. these organizations and think tank. and they do this. they will buy books and actually give them away, therefore, driving up the sales of the books. they get on a list and people think that they have honestly sold books to individuals all over the country. look, they are not a journalistic be organization. and i know what people will now e-mail me and say. well, they are number one. they a
administration never explaining that they were advising the romney campaign. there has to be transparency and if you're getting paid cash by a candidate or advising a campaign, you have to disclose that. >> jon huntsman criticized big players in the gop saying that just concerned were getting on fox. he said, i looked down the debate stage and half of them were probably on fox contracts at one point in their career. you do that, you write some books, go out and sell some more, you get a...
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Dec 9, 2012
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we are hoping the obama administration will take opportunity on second administration lame duck working on legacy to say hey, the voters -- the citizens voted in these two states. let's let the states work it out. >> geraldo: that's vivian mcpeak and trip keebler weren't you a federal prosecutor in that very office? >> i'm going to tell you they are not going to let this go and happen in the state. no, the feds can come in, as you know, as you just said and trump anything that the state does. >> controlled substances abuse act into federal law? >> right. when i was a federal prosecutor we had a zero tolerance program came in from the border of canada. put in jail for a day. record was expunged. little bit of a sign. >> >> do you think the fed are going to do that even the majority. >> attorney's office, yes. >> you have got 18 states passing medical marijuana already. a third the american people. isn't the writing on the wall here, this prohibition of marijuana is over? >> i really think is, look. you do as he says federal government. look if we pass a law. our law it is superior to you
we are hoping the obama administration will take opportunity on second administration lame duck working on legacy to say hey, the voters -- the citizens voted in these two states. let's let the states work it out. >> geraldo: that's vivian mcpeak and trip keebler weren't you a federal prosecutor in that very office? >> i'm going to tell you they are not going to let this go and happen in the state. no, the feds can come in, as you know, as you just said and trump anything that the...
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Dec 9, 2012
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so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we're going to do everything we can to prevent it from happening. >> you may remember that back in 2007, your then senatorial colleague, barack obama wrote a strong letter to the republican chairman of the fcc who wanted to change the rules, just like genachowski is doing now. and he condemned the very tactics that his own fcc chairman is employing today. >> absolutely. and we hope the president will get involved in this issue. so i don't-- to be honest with you, i don't know the internal dynamics of why what is happening is happening. i know you got a couple of republicans on the board, who are very sympathetic to moving forward toward more consolidation. but why genachowski is taking the position he is, i don't know. but i think it would be very helpful. and we will try to get the president to remember what he said four or five years ago. >> you said a moment ago that you recall these hearings that were held across the country. there was a lot of people, there
so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we're going to do everything we can to prevent it from happening. >> you may remember that back in 2007, your then senatorial colleague, barack obama wrote a strong letter to the republican chairman of the fcc who wanted to change the rules, just like genachowski is doing now. and he condemned the very tactics that his own fcc chairman is employing today. >>...
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Dec 4, 2012
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first and then were increased by the obama administration. it is important to recognize the report is not political in any way, shape, or form. it endorses things heartily supported by the right in some cases and that are supported by people on the left. it is important to recognize you cannot just take the parts you like. you have to take a holistic izeroach, which is to maximu u.s. production and reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say before i sit down, it is important to recognize petroleum used in transportation is the pivot point of this problem. about 70% of our 18.7 million barrels a day use of petroleum in this country is for transportation, and transportation has fueled about 93% of the time by petroleum co. so if you want to reduce the united states and dependents on important new petroleum and the geopolitical issues that causes, particularly in the era when rising demand is creating potential conflicts for these resources, you have to recognize transportat
first and then were increased by the obama administration. it is important to recognize the report is not political in any way, shape, or form. it endorses things heartily supported by the right in some cases and that are supported by people on the left. it is important to recognize you cannot just take the parts you like. you have to take a holistic izeroach, which is to maximu u.s. production and reduce consumption partly by diversifying our transportation sector away from petroleum. the last...
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Dec 10, 2012
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administration will begin an all-out drive for comprehensive immigration reform, including seeking a path to citizenship for 11 million illegal immigrants. we will see then where the repub lip cans are. what do you hope to see in the immigration reform if it is real and meaningful to bring us toward a better place in the country, mr. mayor? >> my hope is that comprehensive immigration reform will be just that. it's going to be comprehensive. it's going to include additional mushes that we secure our borders. it's going to include ways to work with employers so that we ensure that fewer employers hire folks who are here undocumented. and, third u it's going to include a pathway to citizenship, to full citizenship, for the 11 or 12 million folks who are here who are undocumented, illegal, whatever term folks want to use. who i believe should be addre addressed and we've heard in the last couple of weeks, some heartburn among republicans who are now just starting to consider the idea of comprehensive immigration reform as to whether they want to actually allow folks to become full-fleje
administration will begin an all-out drive for comprehensive immigration reform, including seeking a path to citizenship for 11 million illegal immigrants. we will see then where the repub lip cans are. what do you hope to see in the immigration reform if it is real and meaningful to bring us toward a better place in the country, mr. mayor? >> my hope is that comprehensive immigration reform will be just that. it's going to be comprehensive. it's going to include additional mushes that we...
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melissa has the former obama administration official. that's melissa harris-perry coming up next. we'll see you next week here on "up." and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your mont
melissa has the former obama administration official. that's melissa harris-perry coming up next. we'll see you next week here on "up." and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ maybe you want to incorporate a business. or protect your...
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Dec 8, 2012
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. >> there are numbers that the obama administration is acutely aware of. the number is this. more people in colorado voted to legalize marijuana than voted for barack obama. >> including 40% of colorado republicans. >> more people voteded in alabama for medical marijuana than for barack obama. that will get people's attention. it is like gay marriage. that train is not going back to the station. we are getting to a moment where politicians are going to have to ask themselves, are you going to be the one known to be the last one to burn a witch? >> it also comes down to empirical evidence. we need to, if it's available, we need to have -- be approached with the numbers. politicians react to good empirical evidence. remember, if you're talking politics, remember what you have. you have a law enforcement, a very powerful based group. it is very difficult to get elected in a city if law enforcement is against you. you have law enforcement squarely against legalizing marijuana. that's the viewpoint there. if you are talking politics, we have to have the information. that's why i g
. >> there are numbers that the obama administration is acutely aware of. the number is this. more people in colorado voted to legalize marijuana than voted for barack obama. >> including 40% of colorado republicans. >> more people voteded in alabama for medical marijuana than for barack obama. that will get people's attention. it is like gay marriage. that train is not going back to the station. we are getting to a moment where politicians are going to have to ask themselves,...
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Dec 4, 2012
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he said he had been motivated to act because he felt vilified by the obama administration after his businesses were investigated. he is being unfairly prosecuted for bribing and money laundering. >> yes. hum. in most places that is considered a crime. >> stephanie: when i see what is happening to me and this company, that kind of behavior has to stop. >> stop pointing out the things i did. >> stop. >> stop it. >> stop it. [ laughter ] >> ann romney: stop it. >> stephanie: i love this part. adelson is scheduled to travel to washington, d.c. where he will meet with at least one republican leader to push for changes to the anti-bribery law. why does bribery have to be illegal? [ laughter ] >> wow. >> stephanie: oh that is just -- >> i'll give you a hundred if you make this law go away. [ laughter ] >> stephanie: who could be so uptight about bribery. that's delightful. >> did i say a hundred? thousand. okay. a million. 10 million. >> stephanie: all right. 17 million -- 17 million -- see i'm talking and sheldon and 17 million just rolled off of my tongue. >> you probably have over a thousand dolla
he said he had been motivated to act because he felt vilified by the obama administration after his businesses were investigated. he is being unfairly prosecuted for bribing and money laundering. >> yes. hum. in most places that is considered a crime. >> stephanie: when i see what is happening to me and this company, that kind of behavior has to stop. >> stop pointing out the things i did. >> stop. >> stop it. >> stop it. [ laughter ] >> ann romney:...
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Dec 10, 2012
12/12
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[laughter] you, obviously, come out of a lot of big jobs in the obama administration, but you were most recently president, one of of president obama's principal surrogates in spanish-language media. what did the election look like from your point of view, you know, what can you tell us about that we didn't read in the newspaper, and, you know, from your personal experience, tell us what happened. >> i think the way to understand kind of my role as a surrogate this year is in juxtaposition to four years ago. i basically played the same role in '08 and '12 in terms of outreach to spanish-language media on behalf of the president and then-candidate. and the fascinating thing for me as i emerged from government and went out, back into campaign land was the proliferation of spanish-language media outlets. in 2008 spanish-language media essentially meant national spanish-language media which was two, univision and telemundo. a little bit of cnn in espanol. and local media in south florida. and that's pretty much the sum total of what, of the outlets that i hit over and over and over and over
[laughter] you, obviously, come out of a lot of big jobs in the obama administration, but you were most recently president, one of of president obama's principal surrogates in spanish-language media. what did the election look like from your point of view, you know, what can you tell us about that we didn't read in the newspaper, and, you know, from your personal experience, tell us what happened. >> i think the way to understand kind of my role as a surrogate this year is in...
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Dec 4, 2012
12/12
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. >> sec of all, i saw the obama administration put the payroll tax cut back on the table in the proposal. i know that the white house is doing these my# -- my2k hash tags. why not my3k because the payroll is back in it? >> that's a good question. i appreciate the contribution to the communication's thinking. the facts of the matter is we are clear that we believe unemployment insurance has to be extended, and we believe all the precisions expire at the end of the year have to be a part of the conversation and discussion. we are interested in payroll tax cuts being interested in very much part of the discussion. i'm not going to get into the specifics of our negotiations, but, you know, two things. one is we fought very hard. the president fought hard for the payroll tax cut and the payroll tax cut extension. around this time last year, i think i was entertaining similar questions, which is, why cannot the president meet with speaker boehner right now? the deal was done, and american families benefited enormously from it during a time it was important economically, and we'll evaluate that
. >> sec of all, i saw the obama administration put the payroll tax cut back on the table in the proposal. i know that the white house is doing these my# -- my2k hash tags. why not my3k because the payroll is back in it? >> that's a good question. i appreciate the contribution to the communication's thinking. the facts of the matter is we are clear that we believe unemployment insurance has to be extended, and we believe all the precisions expire at the end of the year have to be a...
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Dec 4, 2012
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. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid. >> what's gone wrong? >> it's partly because there's so much turmoil in the region right now. it's how each side views its own prospects. >> how would you characterize a credible negotiation given the fact as long as we've been alive there's been these problems that keep erupting and never, ever get solved? we've been trying for 20, 30 years. it was 50, 60 years before we got one that worked. and actually back in the year 2000, and again in 2008, you have no option in the end. the only thing that works is to make it credible if we shape the negotiations. give it some shape so that we can see this is
. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid....
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Dec 5, 2012
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...
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Dec 4, 2012
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but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it is. deal with the need for combination balanced approach of spending cuts that the president's put forward and new tax revenue which the president knows most of it has to come for tax cuts for the wealthiest. when we solve that problem then we'll let them deal with social security. but not muck it up right now. >> announcer: this is the "bill press show." and i'm just blanking a little bit. i think his phrase for it was feed the beast going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with som
but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it...